OMCs say they have further strengthened surveillance by conducting water ingress and density tests 8–12 times daily at every retail outlet.
2 min read7 Aug 2026HPCL share price emerged as the top laggard, falling as much as 1% on NSE. Meanwhile, other PSU OMCs — BPCL and IOC shares also tanked less than a percent on Thursday.
1 min read30 Jul 2026State-owned oil marketing companies HPCL, BPCL, and IOC saw their shares drop as crude oil prices surged due to Middle East tensions. Investors booked profits after price declines, with HPCL down 5.4%, BPCL 4.7%, and IOC 3.5%. Existing conditions may pressure OMCs' profit margins.
2 min read8 Jul 2026The oil minister said OMCs are still selling fuel refined from costlier crude bought during the West Asia conflict, while cumulative under-recoveries have climbed to about ₹2.19 trillion.
2 min read2 Jul 2026OMCs raised petrol and diesel prices for the first time on 15 May, after holding on during the first two months of the war. Over four separate days, petrol and diesel prices were cumulatively raised by around ₹7.5 per litre.
4 min read2 Jul 2026As the West Asia conflict approaches resolution, Indian oil marketing companies (OMCs) are breathing a sigh of relief. With Brent crude prices falling below $80 per barrel, there's optimism for a financial rebound in the sector.
3 min read17 Jun 2026Commercial LPG prices in India have been hiked once again, with the cost of a 19kg cylinder rising by ₹42 from June 1. The latest increase takes the price of a commercial LPG cylinder to over ₹3,100 in Delhi, marking the sixth hike in 2026. With prices nearly doubling in six months, businesses such as restaurants, hotels and caterers are expected to face higher operating costs. The surge comes amid supply disruptions linked to the West Asia conflict and rising energy prices.
1 Jun 2026Petrol and diesel prices were hiked this week for the fourth time in recent weeks, pushing fuel costs higher across major Indian cities. Here are the latest fuel rates in Delhi, Mumbai, Bengaluru and other metro cities as of 28 May, along with details on the latest revisions.
2 min read28 May 2026Hindustan Petroleum Corporation Limited (HPCL) led the gainers with a 5.8% rise in its shares to ₹412.55 apiece. It was followed by Bharat Petroleum Corporation Limited (BPCL), whose stock added 4.44% to ₹308.70. Meanwhile, Indian Oil Corporation (IOC) jumped 3.90% to ₹144.95 on the BSE today.
2 min read25 May 2026OMC stocks will remain in focus on Monday, 25 May, after petrol and diesel prices hiked for the third time in eight days. Experts recommend these OMC stocks to buy amid rate hike uncertainty.
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